EMISSIONS: UK ETS Cancels £1.5MN Worth Free UKAs Allocation
Jun-05 12:13
UK ETS has cancelled 30.5k free UKAs allocation, equivalent to £1.5mn based on current UKAs Dec25 price, for operators of installations as a result of Activity Level Changes, it said.
- Versalis UK accounts for most of the cancellation, with 26.7k free UKAs allocation being cancelled, equivalent to £1.3mn.
- The total free UKAs allocation remained at a similar level at 26mn UKAs, down 0.12% from the April release prior to this cancellation.
- UKA DEC 25 up 0.56% at 50.58 GBP/t CO2e
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